Euronext Expands Its Market Presence by Acquiring Substantive Research
Amsterdam, Brussels, Dublin, Lisbon, London, Milan, Oslo, and Paris – Euronext has made a significant leap in its growth strategy with the acquisition of 100% of Substantive Research. This decision marks a crucial step toward enhancing transparency in investment research and market data services.
Understanding Substantive Research and Its Influence
Founded in 2015 and located in London, Substantive Research has established itself by providing research and market data benchmarking for a diverse range of over 100 clients across Europe and North America. These clients include asset managers, hedge funds, wealth managers, sell-side institutions, and private markets, all of whom seek valuable insights into research pricing and market data.
A Comprehensive Solution for Investment Firms
This acquisition enables Euronext, via its subsidiary Commcise, to greatly improve its offerings. Commcise specializes in cloud-based, integrated solutions for commission management, research valuation, and consumption tracking, currently serving over 1,000 capital markets participants around the world. The integration will empower clients by providing them with unique market benchmarks directly within the Commcise platform, making it easier to comply with changing regulations.
Enhancing Euronext’s Investor Services
The strategic merging of Commcise and Substantive Research is set to offer unmatched benefits for customers throughout the investment landscape. Euronext and Commcise's considerable scale will allow Substantive Research to expand its vendor benchmarking universe and diversify its range of benchmarking products. This, in turn, will provide improved support for both buy-side and sell-side entities.
Leadership Perspectives on the Acquisition
Camille Beudin, the Head of Diversified Services at Euronext, commented on the acquisition, stating: “The integration of Substantive Research boosts the growth of our Investor Services segment by combining cutting-edge research benchmarking with a strong commission management system.” She expressed excitement about working closely with Substantive Research’s team to utilize its strengths for the benefit of Euronext's global clientele.
Vision for Future Expansion
Mike Carrodus, Founder and CEO of Substantive Research, noted that this acquisition is a testament to their team's commitment to creating a unique price benchmarking database for investment research. He is eager to leverage Euronext's resources to enhance their service offerings, especially in light of ongoing regulatory changes in the research market. The partnership is designed to meet the growing demand for transparency in pricing dynamics faced by those who consume market data.
Euronext’s Position and Service Offerings
Euronext stands out as a leading pan-European market infrastructure, connecting European economies with global capital markets. It operates across multiple countries, offering a broad spectrum of services that include equities, derivatives, and fixed income trading. With nearly 1,900 issuers and a substantial market capitalization, Euronext is a formidable player in the financial services landscape.
Contact Information for Inquiries
For inquiries regarding investor relations, Euronext provides a range of contact options. Their team is open to dialogue with both investors and the media, reinforcing their commitment to transparency and accessibility.
About Euronext
Euronext connects various European markets, fostering accelerated innovation and sustainable growth within the region. The exchange not only facilitates trading but also offers comprehensive technology and managed services to third parties, all aimed at enhancing the overall investor experience.
Frequently Asked Questions
What is the significance of Euronext's acquisition of Substantive Research?
This acquisition boosts Euronext's ability to offer transparent investment research solutions and benchmarking services to a wider range of clients.
What benefits can clients expect following this acquisition?
Clients will have access to unique market benchmarks, which will assist in compliance and provide a unified platform for various investment research requirements.
How will this acquisition influence the operations of Substantive Research?
This integration allows Substantive Research to utilize Euronext's resources to scale its services and broaden its range of benchmarking products.
In what markets does Euronext operate?
Euronext manages regulated exchanges across Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal, offering a vast array of financial instruments.
Who should clients contact for more information?
Clients can connect with Euronext's investor relations team using the various contact options detailed in their press release for any questions or inquiries.
